Form 4: ProFrac Holding Corp. Director Glebocki Receives Stock Grant

Director Theresa Glebocki received 16,129 shares of Class A Common Stock from ProFrac Holding Corp. on May 31, 2024, under the company's long-term incentive plan.

Summary

• Theresa Glebocki, a director of ProFrac Holding Corp., acquired 16,129 shares of Class A Common Stock on May 31, 2024.
• The shares were granted as restricted stock units under the company's 2022 Long Term Incentive Plan.
• Each restricted stock unit represents the right to receive one share of Class A common stock.
• Following the transaction, Glebocki directly owns 53,072 shares of ProFrac Holding Corp.
• The transaction was reported on June 4, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The Long Term Incentive Plan is designed to reward and retain key personnel.

Future Outlook

The document does not contain any specific forward-looking statements.

Industry Context

This type of stock grant is a common practice in the industry to incentivize and retain key personnel.

Stakeholder Impact

• The stock grant could have a slightly dilutive effect on existing shareholders.
• The incentive plan aims to improve company performance, benefiting all stakeholders.

Key Dates